I realize as a mere pawn in the giant corporate chess game I have no right to ask this question.
But how in the ever loving fuck is this man providing that much value that he can justify this kind of action. There wasn't another candidate for the job that could do 90% of the same work, but was willing to live in the same zip code as their employees and save the cost and emissions of this commute? I guess this man will result in the most profit for shareholders. I can't even comprehend how someone can justify it, though.
To be a successful CEO at this level you need to have zero morals and be the most sociopathic person society has to offer. It really tracks when you see stories like this.